156-160 19th St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
156-160 19th St
7,900 SF Office Building Union City, NJ 07087 $2,500,000 ($316/SF) 8.21% Cap Rate
Investment Highlights
- Fully Renovated
- Rooftop Garden
- High speed internet
- High End Office Space
- Fully Furnished Office Spaces
- Close Proximity to Mass Transit/NYC
Executive Summary
156-160 19th Street offers a unique opportunity to investors and operators looking to establish a centralized headquarters in the New York Metro market place. The building is conveniently located within close proximity to mass transit to New York City.
The property was recently gut renovated to provide fully furnished office spaces with high end finishes to a variety of local emerging businesses. The open floorplan with tall ceilings and bright light, along with the rooftop oasis among other amenities provides an exceptional opportunity to qualified investors and operators.
The property was recently gut renovated to provide fully furnished office spaces with high end finishes to a variety of local emerging businesses. The open floorplan with tall ceilings and bright light, along with the rooftop oasis among other amenities provides an exceptional opportunity to qualified investors and operators.
Financial Summary (Pro forma - 2024) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$337,126
|
$42.67
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$33,712
|
$4.27
|
| Effective Gross Income |
$303,414
|
$38.41
|
| Taxes |
$32,166
|
$4.07
|
| Operating Expenses |
$65,960
|
$8.35
|
| Total Expenses |
$98,126
|
$12.42
|
| Net Operating Income |
$205,288
|
$25.99
|
Financial Summary (Pro forma - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $337,126 |
| Annual Per SF | $42.67 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | $33,712 |
| Annual Per SF | $4.27 |
| Effective Gross Income | |
|---|---|
| Annual | $303,414 |
| Annual Per SF | $38.41 |
| Taxes | |
|---|---|
| Annual | $32,166 |
| Annual Per SF | $4.07 |
| Operating Expenses | |
|---|---|
| Annual | $65,960 |
| Annual Per SF | $8.35 |
| Total Expenses | |
|---|---|
| Annual | $98,126 |
| Annual Per SF | $12.42 |
| Net Operating Income | |
|---|---|
| Annual | $205,288 |
| Annual Per SF | $25.99 |
Property Facts
Sale Type
Investment
Property Type
Building Size
7,900 SF
Building Class
C
Year Built/Renovated
1920/2021
Price
$2,500,000
Price Per SF
$316
Cap Rate
8.21%
NOI
$205,287
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,900 SF
Building FAR
1.05
Lot Size
0.17 AC
Zoning
R-M - Medium-Density Residential District
Amenities
- Bus Line
- Conferencing Facility
- Security System
- Skylights
- Accent Lighting
- Roof Terrace
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
- 1st Floor
- 25-1,000 SF
- Office
- -
- Now
- 1st Floor
- 25-1,000 SF
- Office
- -
- Now
- 1st Floor
- 25-1,000 SF
- Office
- -
- Now
- 1st Floor
- 25-1,000 SF
- Office
- -
- Now
| Space | Size | Space Use | Condition | Available |
| 1st Floor | 25-1,000 SF | Office | - | Now |
| 1st Floor | 25-1,000 SF | Office | - | Now |
| 1st Floor | 25-1,000 SF | Office | - | Now |
| 1st Floor | 25-1,000 SF | Office | - | Now |
1st Floor
| Size |
| 25-1,000 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size |
| 25-1,000 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size |
| 25-1,000 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1st Floor
| Size |
| 25-1,000 SF |
| Space Use |
| Office |
| Condition |
| - |
| Available |
| Now |
1 of 1
Walk Score ®
Walker's Paradise (90)
Transit Score ®
Excellent Transit (89)
PROPERTY TAXES
| Parcel Number | 10-00175-0000-00070 | Total Assessment | $1,639,600 |
| Land Assessment | $937,500 | Annual Taxes | $32,166 ($4.07/SF) |
| Improvements Assessment | $702,100 | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
10-00175-0000-00070
Land Assessment
$937,500
Improvements Assessment
$702,100
Total Assessment
$1,639,600
Annual Taxes
$32,166 ($4.07/SF)
Tax Year
2024
1 of 27
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
156-160 19th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.